Cantor Fitzgerald Assigns a Hold Rating on Ebay

By Ryan Adsit

In a report issued on June 23, Naved Khan from Cantor Fitzgerald assigned a Hold rating to Ebay (NASDAQ: EBAY). The company’s shares closed last Friday at $35.57, close to its 52-week high of $36.50.

According to TipRanks.com, Khan is a 5-star analyst with an average return of 23.2% and a 85.4% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, Paypal Holdings, and Facebook Inc.

Ebay has an analyst consensus of Moderate Buy, with a price target consensus of $36.85.

The company has a one year high of $36.50 and a one year low of $22.30. Currently, Ebay has an average volume of 8.61M.

Based on the recent corporate insider activity of 123 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Stephen Fisher, the SVP & CTO of EBAY sold 6,452 shares for a total of $223,755.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

eBay, Inc. operates as a commerce leader company including Marketplace, StubHub, and Classifieds platforms. It engages in the provision of investments and acquisitions to help enable commerce on platforms for buyers and sellers online or on mobile devices. It includes marketing services, including classifieds, and advertising. The company was founded by Pierre M. Omidyar in September 1995 and is headquartered in San Jose, CA.,0024V8-E